Home Electricity Rate Fixed for Life

Solar panels will give the opportunity to have Home Electricity Rate Fixed for Life.

What if I tell you that you may be able to pay the same amount of money, monthly, for your home electricity for the next 20 years? Home Electricity Rate Fixed for Life

Trying to be off grid is not an easy task, actually, as of right now, no one can be completely off the grid of power delivery. Unless you can sacrifice a few hours without power at home or we get power cells.

In some months, the sun is providing a huge amount of energy. However, in some months we can’t live without the need of power delivery (the grid). In summer time, the solar panel system will provide 100% and more energy to power all our household needs.

Why we can’t live 100% off the energy grid? Home Electricity Rate Fixed for Life

Particularly, one big technology predicament is, the energy storage. For the reason that in some months of the year, the energy transmitted from the sun is not enough to power our homes throughout the day. We need a way to store the energy we generate.

There are 2 solutions for this energy storage predicament.

Even though, a Powerwall helps to keep some of the energy produced by our solar panel system, the storage is limited. Beside the limited storage, the price of this beauties is something to consider too. There are 2 types of these Powerwalls; 7 kWh for the price of $3,000 and a 10 kWh for $3,500.

Considering this for a 4-bedroom house that use about 1,500 kWh per month, meaning 50 kWh per day. Hence, that house will need about 3 – 10 kWh Powerwall cells.

Solar Energy travel through the system

2. Get credit for the extra energy produced through the high heat months.

Consequently, in the hot summer months, our solar panel system generates more energy than what we use, therefore, we can return the excess of energy to the grid. Thus, we will get credit and we will use it when we need it.

To resume, Home Electricity Rate Fixed for Life.

On the other hand, owning your own solar panel system will get you Home Electricity Rate Fixed for Life. Think about this for a minute. An average solar panel system financed will cost about $130 to $150 per month. However, the customer is not paying for electricity anymore, he is paying for his solar panel system.

The customer is replacing paying the energy company for wasted kWh to paying a finance company for his home energy generation system. This means that for the next 20 years the customer will be paying the same amount monthly.

Energy prices will increase, regardless. Home Electricity Rate Fixed for Life with solar panels.

To conclude, energy prices increase about 4% per year. For fear that, today’s average energy rate is 13 cents per kWh, in 20 years will be 23 cents per kWh. For example, for the 4-bedroom home, today is paying around $190 per monthly, in 2038 (20 years), that same house will be paying around $350.

I rather pay a home improvement investment, that not only increase the value of my house, but it also provides me of one of the most needed things in our lives, ENERGY. Not to mention that I will be saving millions of trees.